Begin Data Entry (Entering Transactions)
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Entering Transactions
This document provides guidance on various functionalities within the CCH Capital Gains Tax (CGT) and Dividend Scheduling tool. It covers key procedures such as entering and editing transaction data, using security and CCH code lookup, calculating opening balances, and managing purchases, sales, dividends, and equalizations. It also addresses the importance of the summary window for portfolio overviews and describes handling specific events like rights lapses and scrip dividends. Additionally, details about utilizing the securities web page for new security requests are included.
CCH CGT And Dividend Scheduling
Import CCH CGT and Dividend Scheduling Transactions
The document outlines an electronic transaction import feature for an application, minimizing the need for data re-entry. It supports two file formats: the older IMP format, which has limitations such as unique portfolio references and recognition of only SEDOL or CCH codes, and a recommended CSV format. The CSV format allows referencing portfolios by client codes or broker account numbers and supports both SEDOL and ISIN codes, making it user-friendly for import from Excel. A specification document is linked for further details.
CCH CGT And Dividend Scheduling
Summary Window
The document describes the Summary window, which provides an overview of transactions in a portfolio for a specified period. It includes features for sorting transactions by Type, Date, Description, or Security Code by clicking on column headings, with the ability to reverse the order. Users can also double-click on a transaction to access its specific screen for viewing and editing.
CCH CGT And Dividend Scheduling
Security Code Lookup
The document provides instructions for finding the Security Code of a specified Security. It outlines the use of filters such as the Security Code and Security name, detailing how to match and select securities. Users can refine their searches using radio buttons for subsets like Popular Securities, applicable from 2004/05 onwards. Additional features include links for ISIN code lookups and a Sedol Code Lookup button. It notes possible reasons for duplicate securities in the results, including different capital gains treatment or multiple exchange listings. Users are advised on selecting appropriate codes amidst potential duplicates.
CCH CGT And Dividend Scheduling
Securities Web Page
The document outlines the process for users to request and add new securities to the CCH data feed, which currently includes approximately 50,000 securities. It describes how to access the securities web page, search for existing securities using various codes or names, and add new or unlisted securities to the masterfile. Additionally, it explains how to submit bulk additions via a text file and the importance of correctly categorizing securities, including handling duplicates and understanding CCH code allocation. Users can expect updates to the masterfile by the next day.
CCH CGT And Dividend Scheduling
Purchases
The document outlines the procedures for using the Purchases window to record purchase details between specified dates. It emphasizes avoiding the entry of mandatory capital events, which the system calculates automatically. Users can enter multiple purchases on the same day, consolidating them into one transaction. Key fields in the Purchases window include Security Code, Date of Purchase, Shares Purchased, Cost, Accrued Interest, and an Alternative Description for reporting purposes. Instructions for using the Security Code Lookup Facility are also provided.
CCH CGT And Dividend Scheduling
Opening Book Values
The document outlines the procedure for entering the opening book cost for securities, which is crucial for calculating profit and loss on the Investment Schedule. It highlights the distinction between book cost and Capital Gains Tax (CGT) cost, emphasizing that shares share an average cost. The “Opening Book Values Window” provides specific fields for users to input the security code and total book value cost, along with guidance on how to look up security codes if needed.
CCH CGT And Dividend Scheduling
Entering and Editing Data
The document outlines the procedure for managing transactions within CGT and Dividend Scheduling. It details the process for adding, editing, and deleting transactions through a user-friendly interface. Users confirm new entries via the Enter key or OK button, and can view, modify, or sort transaction details in a read-only grid. Additionally, it highlights an enhancement allowing for the display of both interest and dividends on foreign stocks like 3i Infrastructure for the 2021/2022 period and beyond.
CCH CGT And Dividend Scheduling
CCH Code Lookup
The document outlines a web-based facility for users of CCH codes that allows them to search for corresponding CCH codes using SEDOL codes. This feature is accessible from the Security Lookup screen. In cases where a security is not found, users can request its addition through the CCH Securities Web Page, facilitating updates to the User Universe.
CCH CGT And Dividend Scheduling
Balances Brought Forward
The document provides detailed instructions for loading and managing portfolio information within a financial system. It outlines the steps for entering closing positions, including necessary fields such as security codes and acquisition dates. Guidelines for different types of holdings are specified, emphasizing the need for correct entries based on fiscal years and holding types. Key entries include share quantity, cost, index dates, and necessary indexing allowances to facilitate accurate computations. Additional notes address handling missing cost information during disposals and the appropriate coding for various holdings.